Best Stocks to Invest in Intuitive Surgical a Hidden Gem. During his entire career Vieira accepted writing an article in name of the company once – to reiterate his long term commitment as an investor in shares of Intuitive Surgical.
A campaign ran by several American firms downgrading Intuitive Surgical to Sell at the bottom corresponded to a historical long term investment opportunity as Vieira has been explaining since 2009.
Goldman Sachs was the pioneer in a campaign against Intuitive Surgical (ISRG). Later on, Citron, other American company published several false reports in Vieira’s opinion with regards to this company. Citron said in an open letter Intuitive Surgical was worth $200
Long term investors comprehended that Intuitive Surgical and Netflix, remained both hidden gems while Wall Street saw both as dogs.
This quarter he recommended to investors on live streaming to remain invested in Intuitive Surgical selling short Apple.
Shares of Intuitive Surgical Inc. ISRG soared nearly 12.6% ($63.41) after the da Vinci maker reported impressive second-quarter 2015 earnings results. Earnings of $3.80 per share (including stock-based compensation) comfortably beating estimates soaring almost 26% from the year-ago quarter.
The year-over-year growth in earnings was primarily driven by a 15.7% increase in revenues and 140 basis points (bps) expansion in adjusted operating margin despite a 120 bps contraction in gross margin.
Intuitive Surgical had cash, cash equivalents and investments of $2.9 billion as of Jun 30, 2015 as compared with $2.7 billion as of Mar 31, 2015. During the quarter, the company bought back approximately 100K shares for $49 million.
Intuitive Surgical forecasts 2015 procedural volumes in the range of 11% to 13%, higher than the earlier projection of 8% to 11%. The company believes that growth in the da Vinci prostatectomy procedure in the U.S. is likely to slow down in the second half of 2015.
Currently, Intuitive Surgical carries a Strong Buy rating. Vieira has an upside target in Intuitive Surgical $585-630 since 2012. He urged investors buying 300,000 to 4 million shares.